Press TV - Iran is to scale down production of gasoline-powered vehicles and
increase its manufacture of cars with dual-fuel and natural gas engines.
"Sixty percent of passenger cars produced this year will use natural gas as fuel or will be dual-fuel, and the remaining 40 percent will run on regular gasoline," read a statement released by the Cabinet of President Mahmoud Ahmadinejad.
Dual-fuel vehicles produced in Iran can consume both gasoline and compressed natural gas.
The decision also requires that 80 percent of vehicles manufactured for public transportation by Iranian automakers and 80 percent of pickup trucks must have dual-fuel engines or be powered by natural gas.
The cabinet-level decision, which applies to the current Iranian calendar year ending March 20, 2009, comes in the wake of sweeping revisions announced earlier this week in Iran's gasoline rationing scheme.
Among the changes in Iran's gas rationing program announced on June 7 is a measure that requires owners of luxury vehicles to purchase premium gasoline at market prices as of June 21, instead of heavily subsidized regular unleaded fuel.
Iran is home to the Middle East's largest carmaker, Iran Khodro, and holds the world's second largest oil and gas reserves.
The country, however, lacks adequate refining capacity to produce gasoline and spends huge sums on imports, which burden the state coffers.
... Payvand News - 06/11/08 ... --